Saab ac­quires TKMS AB (Kock­ums)

SP's MAI - - CORPORATE NEWS -

De­fence and se­cu­rity com­pany Saab’s ac­qui­si­tion of the Swedish ship­yard Thyssen Krupp Ma­rine Sys­tems AB (TKMS AB, for­merly Kock­ums) has now been com­pleted. The ac­qui­si­tion strengthens Saab’s po­si­tion as a com­pre­hen­sive sup­plier of naval mil­i­tary sys­tems.

The re­quired de­ci­sions and ap­provals for Saab’s ac­qui­si­tion of Thyssen Krupp Ma­rine Sys­tems AB (TKMS AB) have now been granted. The com­pany will be­come a busi­ness unit within Saab’s busi­ness area Se­cu­rity and De­fence So­lu­tions. The busi­ness unit is named Saab Kock­ums. Saab ex­pects that op­er­a­tions will con­tinue to be car­ried out pri­mar­ily in Malmö, Karl­skrona and Muskö.

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